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Stocks of pipe makers in focus as PVC prices surge in March quarter

New Delhi, March 5 -- The price of polyvinyl chloride (PVC) resin, a key raw material in making pipes, continues to head northward. At Rs.129 per kilogram, it has almost doubled compared to last year.... Read More


Better working capital aids new capex plans of home decor cos

NEW DELHI, March 5 -- Key listed companies in the home decor sector posted robust earnings in the December quarter. Leading manufacturers of tiles, pipes and plywood saw double-digit volume growth in ... Read More


Domestic demand seems to be on the mend, but employment outlook is weak, shows PMI data

NEW DELHI, March 5 -- Business activity in India's manufacturing sector fell marginally in February. The purchasing managers' index (PMI) for the sector declined from 57.7 in January to 57.5 in Februa... Read More


Cost pressures a key threat to high Nifty earnings growth forecast

NEW DELHI, March 5 -- A penny saved is a penny earned. This mantra of cost rationalization has been a saviour for corporate earnings since the covid outbreak. Companies have tried to curtail the adve... Read More


What it means for govt finances if petrol, diesel are included in GST

New Delhi, March 4 -- With prices of petrol and diesel sky-rocketing, the clamour for bringing petroleum products under the Goods and Services Tax (GST) grows louder once again. The current tax struct... Read More


Cement price hikes are welcome, but offer only near-term margin protection

MUMBAI, March 4 -- Investors in cement stocks can heave a sigh of relief now that the much-awaited price increases have happened. There were concerns that input cost inflation would start eating into ... Read More


PMI: High cost inflation and job losses key risks to services demand

MUMBAI, March 3 -- Business activity in India's services sector, a key contributor to gross domestic product, saw fastest growth in a year in February. Data published by Nikkei and IHS Markit showed t... Read More


With cost inflation at 8-yr high, job losses, services demand may fizzle out

MUMBAI, March 3 -- Business activity in India's services sector, a key contributor to gross domestic product, saw fastest growth in a year in February. Data published by Nikkei and IHS Markit showed t... Read More


With cost inflation at 8-yr high, no jobs, services demand may fizzle out

MUMBAI, March 3 -- Business activity in India's services sector, a key contributor to gross domestic product, saw fastest growth in a year in February. Data published by Nikkei and IHS Markit showed t... Read More


Low-cost products set to keep outlook bright for paint firms

New Delhi, March 3 -- Cheap and beautiful is the mantra for consumers of paints. Economy products continue to drive volume growth for paint manufacturers. A recent dealers' channel check conducted by ... Read More